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The 45-year-old, who won the best actress Oscar 13 years ago, is now earning best supporting actress Oscar buzz for her work in "August: Osage County."

Julia Roberts, the Oscar-winning actress who is also one of the most enduringly popular movie stars in Hollywood history, will receive the Hollywood Supporting Actress Award at the 17th annual Hollywood Film Awards -- the first awards show of the 2013 season -- on Oct. 21 at the Beverly Hilton, The Hollywood Reporterhas learned exclusively. (The Hollywood Film Awards is owned by affiliates of THR parent company Guggenheim Partners.)

Roberts was most recently seen in -- and received strong reviews for -- her supporting performance in John Wells' adaptation of Tracy Letts' Tony- and Pulitzer Prize-winning play August: Osage County, which had its world premiere at the Toronto International Film Festival earlier this month. The film's star-studded cast also includes Meryl Streep, Juliette Lewis, Julianne Nicholson, Dermot Mulroney, Benedict Cumberbatch, Ewan McGregor, Chris Cooper, Margo Martindale, Abigail Breslin, Sam Shepard and Misty Upham. The film will be released nationwide by The Weinstein Co. on Christmas Day.

The Hollywood Film Awards are determined by founder and executive director Carlos de Abreu and an advisory committee. Last month, the Hollywood Film Awards and Dick Clark Productions, which also produced the Golden Globe Awards,entered into a partnership that could lead to the ceremony being televised in future years. Over the past 10 years, Hollywood Film Awards honorees went on to garner a total of 96 Oscar nominations and 34 Oscars.

De Abreu tells THR, “It is a privilege to honor Julia Roberts for her brilliant and passionate performance in August: Osage County. Julia continues to shine as one of Hollywood’s most gifted actresses."